PI FOUNDATION INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- PI FOUNDATION INC (EIN 35-2191048)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-14
- IRS object ID
- 201703189349313200
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-14T16:38:15-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 208415492 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADAM SMITH CPA LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7410 SOUTH CREEK ROAD SUITE 101 | AddressLine1Txt |
| City | SANDY | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84093 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 352191048 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PI FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PIFO | BusinessNameControlTxt |
| Phone | 8015307400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 405 SOUTH MAIN SUITE 800 | AddressLine1Txt |
| City | SALT LAKE CITY | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84111 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SCOTT M MCCULLOUGH | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 8015307308 | PhoneNum |
| Signature | 2017-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TONY D WOLFF CPA | PreparerPersonNm |
| PTIN | P00007457 | PTIN |
| Phone | 8014952533 | PhoneNum |
| Preparation | 2017-11-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 76548ED175F7987B003603997A8DA06295F92855 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 76548ED175F7987B003603997A8DA06295F92855 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PI FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SCOTT M MCCULLOUGH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 405 SOUTH MAIN SUITE 800 | AddressLine1Txt |
| Address Line2 | KEN GARFF BUILDING | AddressLine2Txt |
| City | SALT LAKE CITY | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $20,709,647 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THEPIFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2002 | FormationYr |
| Legal Domicile State | UT | LegalDomicileStateCd |
| Activity Or Mission | THE PI FOUNDATION'S MISSION IS TO SUPPORT, ENCOURAGE, AND FOSTER CHARITABLE GIVING. THE FOUNDATION DOES THIS THROUGH EDUCATION, RESOURCES, AND DONOR ADVISED FUNDS. THE FOUNDATION FINANCIALLY SUPPORTS A WIDE RANGE OF LOCAL AND NATIONAL ORGANIZATIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $56,486 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $55,486 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,492,764 | PYContributionsGrantsAmt |
| CY Contributions Grants | $8,784,296 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$4,578,021 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,037,570 | CYInvestmentIncomeAmt |
| PY Other Revenue | $76,501 | PYOtherRevenueAmt |
| CY Other Revenue | -$115,727 | CYOtherRevenueAmt |
| PY Total Revenue | $991,244 | PYTotalRevenueAmt |
| CY Total Revenue | $10,706,139 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,744,209 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,744,267 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $202,533 | PYOtherExpensesAmt |
| CY Other Expenses | $199,015 | CYOtherExpensesAmt |
| PY Total Expenses | $2,946,742 | PYTotalExpensesAmt |
| CY Total Expenses | $6,943,282 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,955,498 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,762,857 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $25,713,752 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,358,481 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,721 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | -$97,407 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,693,031 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $29,455,888 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE PI FOUNDATION'S MISSION IS TO SUPPORT, ENCOURAGE, AND FOSTER CHARITABLE GIVING. THE FOUNDATION DOES THIS THROUGH EDUCATION, RESOURCES, AND DONOR ADVISED FUNDS. THE FOUNDATION FINANCIALLY SUPPORTS A WIDE RANGE OF LOCAL AND NATIONAL ORGANIZATIONS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $6,856,673 | ExpenseAmt |
| Grant | $6,744,267 | GrantAmt |
| Desc | DONATIONS IN THE SUPPORT OF 501(C)(3) ORGANIZATIONS | Desc |
| Total Program Service Expenses | $6,856,673 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABACUS ACCOUNTING & BOOKKEEPING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8013010223 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 708682 | AddressLine1Txt |
| City | SANDY | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84070 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|
| LS MCCULLOUGH II | |||||
| PRESIDENT | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SCOTT M MCCULLOUGH | |||||
| TRUSTEE | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GREGORY C ZAUGG | |||||
| TREASURER | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TERESA M ROBISON | |||||
| SECRETARY | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $8,784,296 | AllOtherContributionsAmt |
| Noncash Contributions | $3,357,449 | NoncashContributionsAmt |
| Total Contributions | $8,784,296 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $598,983 | TotalRevenueColumnAmt |
| Exclusion | $598,983 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,424,401 | SecuritiesAmt |
| Other | $17,694 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,003,508 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,420,893 | SecuritiesAmt |
| Other | $17,694 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,438,587 | TotalRevenueColumnAmt |
| Exclusion | $1,438,587 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ROC FUND K-1 | 480000 | $50,301 | $50,301 | |
| AMERICAN EQUITY LIFE 1099-R | $39,739 | $39,739 | ||
| LINN ENERGY K-1 | 211110 | $7,125 | $7,125 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$212,892 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$940 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$211,952 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$115,727 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,706,139 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $56,486 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,865,357 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,744,267 | TotalAmt |
| Program Services | $6,744,267 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,361 | TotalAmt |
| Program Services | $13,077 | ProgramServicesAmt |
| Management And General | $47,284 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,693 | TotalAmt |
| Management And General | $37,693 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,963 | TotalAmt |
| Program Services | $87,621 | ProgramServicesAmt |
| Management And General | $1,342 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $290 | TotalAmt |
| Management And General | $290 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| INCOME TAX ACCRUAL | $8,872 | $8,872 |
| FOREIGN TAXES PAID | $2,836 | $2,836 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,943,282 | TotalAmt |
| Program Services | $6,856,673 | ProgramServicesAmt |
| Management And General | $86,609 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,456,177 | BOYAmt |
| EOY | $2,778,163 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $517 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,188,057 | BOYAmt |
| EOY | $2,047,099 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $49,362 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,362 | BOYAmt |
| EOY | $49,362 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,202,409 | BOYAmt |
| EOY | $17,530,102 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,740,854 | BOYAmt |
| EOY | $6,953,238 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,893 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,713,752 | BOYAmt |
| EOY | $29,358,481 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,721 | BOYAmt |
| EOY | -$97,407 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,721 | BOYAmt |
| EOY | -$97,407 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,693,031 | BOYAmt |
| EOY | $29,455,888 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,693,031 | BOYAmt |
| EOY | $29,455,888 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,713,752 | BOYAmt |
| EOY | $29,358,481 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,762,857 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,109,321 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $410,587 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,996,566 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,392,764 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,784,296 | CurrentTaxYearAmt |
| Total | $44,693,534 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,109,321 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $410,587 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,996,566 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,392,764 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,784,296 | CurrentTaxYearAmt |
| Total | $44,693,534 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,451,831 | SubstantialContributorsTotAmt |
| Public Support Total170 | $37,241,703 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $299,891 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $76,312 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$24,551 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $119,324 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $622,716 | CurrentTaxYearAmt |
| Total | $1,093,692 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $263,738 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $117,515 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $147,651 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $55,486 | CurrentTaxYearAmt |
| Total | $584,390 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$104,792 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year | $4,689 | CurrentTaxYearAmt |
| Total | -$100,103 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $46,271,513 | TotalSupportAmt |
| Public Support CY170 | 0.80490 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79240 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | RENTAL INCOME THRU K-1S -104,792 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 45 | DonorAdvisedFundsHeldCnt |
| Funds And Other Accounts Held | 3 | FundsAndOtherAccountsHeldCnt |
| Donor Advised Funds Contri | $8,753,066 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $6,744,267 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $29,147,026 | DonorAdvisedFundsVlEOYAmt |
| Funds And Other Accounts Vl EOY | $308,863 | FundsAndOtherAccountsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (true) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (true) | DisclosedForCharitablePrpsInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $49,362 | InvestmentCostOrOtherBasisAmt |
| Book Value | $49,362 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $49,362 | TotalBookValueLandBuildingsAmt |
Financial Derivatives FinancialDerivativesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $63,599 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $9,589,275 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MOWER CRT | Desc |
| Book Value | -$2,699,636 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $6,953,238 | TotalBookValueSecuritiesAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ALPINE SCHOOL DISTRICT FOUNDATION | ||||||||
| 575 NORTH 100 EAST | AMERICAN FORK | UT | 84003 | 742368936 | 501C3 | $10,000 | SUPPORT CHARITY ORG | |
| AMERICAN ENDOWMENT FOUNDATION | ||||||||
| 5700 DARROW ROAD SUITE 118 | HUDSON | OH | 44236 | 341747398 | 501C3 | $41,761 | SUPPORT CHARITY ORG | |
| BISHOP WARD HIGH SCHOOL | ||||||||
| 708 NORTH 18TH STREET | KANSAS CITY | KS | 66102 | 480559094 | 501C3 | $50,000 | SUPPORT CHARITY ORG | |
| BRIGHAM YOUNG UNIVERSITY | ||||||||
| CES ADMISSIONS A-41 ASB | PROVO | UT | 84602 | 870217280 | 501C3 | $200,200 | SUPPORT CHARITY ORG | |
| BYU - IDAHO | ||||||||
| 525 SOUTH CENTER STREET | REXBURG | ID | 83460 | 820207699 | 501C3 | $25,000 | SUPPORT CHARITY ORG | |
| EAGLE CONDOR HUMANITARIAN FOUNDATN | ||||||||
| 614 EAST 3900 SOUTH | SALT LAKE CITY | UT | 84107 | 522438516 | 501C3 | $5,400 | SUPPORT CHARITY ORG | |
| SALT LAKE MUSIC SCHOOL FOUNDATION | ||||||||
| PO BOX 9841 | SALT LAKE CITY | UT | 84109 | 263463598 | 501C3 | $24,500 | SUPPORT CHARITY ORG | |
| GARY SINISE FOUNDATION | ||||||||
| PO BOX 50008 | STUDIO CITY | CA | 91604 | 800587086 | 501C3 | $44,027 | SUPPORT CHARITY ORG | |
| LDS CHURCH | ||||||||
| 50 E NORTH TEMPLE | SALT LAKE CITY | UT | 84150 | 237300405 | 501C3 | $5,350,444 | SUPPORT CHARITY ORG | 15TH FLOOR ROOM 1521 |
| MOTHERS WITHOUT BORDERS | ||||||||
| 125 EAST MAIN STREET SUITE 402 | AMERICAN FORK | UT | 84003 | 841550819 | 501C3 | $7,157 | SUPPORT CHARITY ORG | |
| PEACE HOUSE INC | ||||||||
| 1960 SIDEWINDER DRIVE SUITE 208 | PARK CITY | UT | 84060 | 870500067 | 501C3 | $25,000 | SUPPORT CHARITY ORG | |
| TIFIE HUMANITARIAN | ||||||||
| 14864 PONY EXPRESS ROAD | BLUFFDALE | UT | 84065 | 208360616 | 501C3 | $933,566 | SUPPORT CHARITY ORG | |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (5 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|
| THREE FORKS LLC | ||||||
| DONOR | Yes (X) | $2,336,330 | $1,345,932 | false | Yes (true) | Yes (true) |
| R SCOTT ADAMS | ||||||
| DONOR | Yes (X) | $500,000 | $341,760 | false | Yes (true) | Yes (true) |
| KT&T FOUNDATION | ||||||
| DONOR | Yes (X) | $347,000 | $269,455 | false | Yes (true) | Yes (true) |
| SHEILA MCCLEVE | ||||||
| DONOR | Yes (X) | $82,538 | $74,952 | false | Yes (true) | Yes (true) |
| THE WORLD TABLE | ||||||
| DONOR | Yes (X) | $15,000 | $15,000 | false | Yes (true) | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $2,047,099 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,551,176 | NoncashContributionsRptF990Amt |
Securities Closely Held Stock SecuritiesCloselyHeldStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $305,300 | NoncashContributionsRptF990Amt |
Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,500,973 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE PI FOUNDATION'S MISSION IS TO SUPPORT, ENCOURAGE, AND FOSTER CHARITABLE GIVING. THE FOUNDATION DOES THIS THROUGH EDUCATION, RESOURCES, AND DONOR ADVISED FUNDS. THE FOUNDATION FINANCIALLY SUPPORTS A WIDE RANGE OF LOCAL AND NATIONAL ORGANIZATIONS. |
| FORM 990, PAGE 6, PART VI, LINE 2 | L.S. MCCULLOUGH, JR. SCOTT M. MCCULLOUGH TRUSTEE TRUSTEE FATHER/SON |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE TRUSTEES ARE PROVIDED A COPY OF THE FORM 990 BEFORE FILING. IF THERE ARE NO FURTHER QUESTIONS OR ISSUES DISCOVERED, ONE OF THE TRUSTEES WILL SIGN AND MAIL THE E-FILE SIGNATURE FORM 8879-EO TO APPROVE E-FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | EVERY INTERESTED PARTY WHO MIGHT HAVE A CONFLICT OF INTEREST IS REQUIRED TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. ONCE THSE MATERIAL FACTS ARE DISCLOSED, THE INTERESTED PARTY MUST LEAVE THE MEETING WHILE THE GOVERNING BOARD OR COMITTEE MEETING DISCUSS AND VOTE ON WHETHER A CONFLICT OF INTEREST EXISTS. IF AN INTERESTED PARTY FAILS TO DISCLOSE THAT THERE MIGHT POSSIBLY BE A CONFLICT OF INTEREST, HE/SHE IS ALLOWED TO EXPLAIN WHY THEY FAILED TO DISCLOSE. ONCE HE/SHE EXPLAINS THEIR FAILURE TO DISCLOSE A POSSIBLE CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE THEN DETERMINES IF THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST. IT SHALL THEN TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | ALL REQUIRED WRITTEN DOCUMENTS ARE AVAILABLE UPON REQUEST. |
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